{{$store.state.data.search.serverData.config.placeholder}}

{{ vm.heading }}

{{ vm.closeTabLabel }}

Notice of updates
!

Since the last time you logged in our privacy statement has been updated. We want to ensure that you are kept up to date with any changes and as such would ask that you take a moment to review the changes. You will not continue to receive KPMG subscriptions until you accept the changes.

Hi
!

Our privacy policy has been updated since the last time you logged in

We want to make sure you're kept up to date. Please take a moment to review these changes. You will not receive KPMG subscription messages until you agree to the new policy.

Note: You will receive an email after registration to verify and activate your account. Also you will have options to self-serve to set your preferences for content personalization, subscription to newsletter, opt-in and opt-out from email communication and delete your account any time after registration.

Close

Hi!

Commodities forecasts and outlooks

In this year’s Global Metals and Mining Outlook, KPMG’s leading Mining professionals provide their experience, insights and forecasts for key mining segments, delivering an unprecedented view of the challenges and opportunities faced by today’s metal and mining organizations.

Related content

Iron Ore:"We expect to see less volatility in iron ore prices in 2016 compared to the prior 2 years, but any price increases that are achieved will be gradual. For the time being, the iron ore industry continues to wait for prices to improve. Our view suggests they may be waiting for a while."

Copper:"We expect the market to return to a position of supply deficit sometime in 2019. In the meantime, we believe copper miners will need to focus on prioritizing initiatives that improve productivity and further reduce the cost structure as they prepare for growth to eventually return."

Nickel:"The major nickel producers are working hard to rebalance their capital expenditure and shift their production towards lower-cost, higher-margin assets in the hope of avoiding the shuttering of assets."

Gold:"Most gold producers are using the uptick in prices over the past 6 months to start reinvesting into forward development within their existing assets. Some new capacity should therefore come online before the end of 2016."

Platinum:"Platinum miners are trying to balance cash preservation and reduced capital expenditure against the potential for longer-term growth, ensuring they are ready when the market returns. Only time will tell how many will be around to see the day."